Remy Cointreau Can Toast a Better Future -- Market Talk

Dow Jones06-05

0852 GMT - Green shoots are appearing for Remy Cointreau, Jefferies says in a note. The cognac distiller said this week it is confident of returning to sales growth over the coming year as it aims to leave behind a period of declining revenue and earnings as squeezed consumers cut back on the group's high-end brandy. "Whilst the external environment remains subdued, visibility on earnings is improving." Jefferies says. The bank has a buy rating on the company and a 52 euro price target on its Paris-listed stock. (joshua.kirby@wsj.com; @joshualeokirby)

(END) Dow Jones Newswires

June 05, 2026 04:52 ET (08:52 GMT)

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